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Latest The Sacramento Bee Stories

2011-06-21 08:00:00

SACRAMENTO, Calif., June 21, 2011 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) today announced that its previously disclosed offer to repurchase $65 million of the company's 2017 senior secured notes will expire at 11:59 p.m. Eastern time on June 24, 2011. The company also provided an update of business trends for the second quarter of 2011. The company reported that combined total revenues in April and May 2011 were down 8.1% compared to the same period in 2010. Combined advertising...

2011-05-27 06:00:00

SACRAMENTO, Calif., May 27, 2011 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) announced today that it has sold 14.0 acres of Miami land, including the building housing its subsidiary The Miami Herald Media Company and an adjacent parking lot, for a purchase price of $236 million to Bayfront 2011 Property LLC, a subsidiary of Genting Malaysia Berhad (Genting). The transaction closed today. The Miami Herald Media Company is the publisher of The Miami Herald, El Nuevo Herald, related...

2011-05-18 16:30:00

SACRAMENTO, Calif., May 18, 2011 /PRNewswire/ -- Mark Zieman, president and publisher of The Kansas City Star since 2008, today was named vice president, operations by The McClatchy Company. His appointment is effective May 31. Zieman, 50, joins McClatchy's senior management team and will oversee 13 daily newspapers and their affiliated operations in seven states - Georgia, Illinois, Kansas, Mississippi, Missouri, North Carolina and South Carolina. He will be based in Sacramento. Zieman...

2011-04-12 08:00:00

SACRAMENTO, Calif., April 12, 2011 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) announced today that its first quarter earnings conference call will be accessible live to the media and general public via internet webcast and through listen-only, dial-in conference lines. The conference call will be held on Tuesday, April 26, 2011, at noon Eastern, 9:00 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on April 26. The...

2011-03-30 14:40:00

SACRAMENTO, Calif., March 30, 2011 /PRNewswire/ -- Frank Whittaker, vice president for operations at The McClatchy Company (NYSE: MNI) and a 26-year company executive, has announced his retirement on May 27. One of two vice presidents for operations, Whittaker oversees 16 McClatchy daily newspapers and their related businesses in California, Florida, Kentucky and the Carolinas. He is a member of McClatchy's senior management team, and a search is under way for his successor. "We will all...

2011-02-01 07:30:00

SACRAMENTO, Calif., Feb. 1, 2011 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) announced today that the agreement to sell 10 acres of land adjacent to The Miami Herald has been terminated. Under the terms of the existing purchase agreement, as amended on January 19, 2010, the buyer had until Jan. 31, 2011, to close the transaction. Under the terms of an agreement with the developer, McClatchy is now entitled to receive a $7 million termination fee. McClatchy previously received...

2011-01-26 08:00:00

SACRAMENTO, Calif., Jan. 26, 2011 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) announced today that its fourth quarter earnings conference call will be accessible live to the media and general public via Internet webcast and through listen-only, dial-in conference lines. The conference call will be held on Tuesday, February 8, 2011 at 12 noon Eastern, 9:00 a.m. Pacific time. McClatchy's earnings announcement will be released to newswire services before the market opens on February...

2011-01-14 08:05:00

SACRAMENTO, Calif., Jan. 14, 2011 /PRNewswire/ -- The McClatchy Company (NYSE: MNI) announced today it has contributed certain company-owned real estate to its qualified defined benefit pension plan. The real estate, including certain land and buildings, is located in Bradenton, Fla.; Charlotte, N.C.; Lexington, Ky.; Macon, Ga.; Myrtle Beach, S.C.; Olympia, Wash.; and Rock Hill, S.C., and has been valued by independent appraisals at approximately $49.6 million in total. The company is...

2010-12-17 15:05:00

SACRAMENTO, Calif., Dec. 17, 2010 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) announced that lenders have agreed to amend its credit agreement to eliminate restrictions on the early retirement of the company's existing public bonds. As previously announced, McClatchy will repay its remaining $41.0 million of bank term loans by the end of 2010. As part of the amendment, the company has agreed to reduce its revolving credit commitments from $236.4 million to $150.8 million....

2010-12-08 07:00:00

SACRAMENTO, Calif., Dec. 8, 2010 /PRNewswire-FirstCall/ -- The McClatchy Company (NYSE: MNI) management today provided an update of business trends for 2010 and an outlook for 2011. Management noted that it saw a continuation of improving advertising revenue trends in October and November 2010. Advertising revenues were down 5.8% in October and November 2010 combined, compared to declines of 6.4% in the third quarter, 8.2% in the second quarter and 11.2% in the first quarter of 2010....


Word of the Day
cruet
  • A vial or small glass bottle, especially one for holding vinegar, oil, etc.; a caster for liquids.
This word is Middle English in origin, and ultimately comes from the Old French, diminutive of 'crue,' flask.
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